Want to save money on your education loan monthly payment? Use this tool to estimate how your monthly payment could change when refinancing your student loans with MEFA.
Simply enter the amount of the existing loan debt you wish to refinance, your current monthly payment, your desired repayment term, and the estimated strength of your credit profile. Then hit Calculate to get your results.
To view the savings breakdown, input the following into the calculator’s fields:
The Student Loan Refinancing Calculator will determine an estimate of your savings with a MEFA REFI Loan using the information you provide.
However, you may still benefit from refinancing. Please call us at (855) 433-REFI (7334) to discuss the opportunity to benefit from refinancing your student loans.
*Based on {{term}}-year repayment term
**The Annual Percentage Rate (APR) is designed to help consumers understand the relative cost of a loan and reflects MEFA’s current underwriting criteria, loan rates, and deferment period assumption. MEFA’s lowest rates are only available to the most creditworthy applicants.
